The Anti-Corruption Commission (ACC) has found the Destiny Group allegedly swindled a total of Tk 40 billion of clients' money through its 35 different entities.
The investigation team of the anti-graft watchdog also got evidence that the officials of the Destiny Group had transferred the money to their 722 accounts with 35 banks.
About 30 people were identified as accused in the embezzlement.
A member of the five-man investigation team of the ACC told the FE that they have completed investigation into the money laundering case and the report will be submitted to the Commission next week.
"During the 16-month investigation, we found more people's involvement in the scam and unearthed different kinds of fraud resorted to by senior executives of the Destiny Group," he added.
He went on: "We will submit the 1,500-page probe report to the Commission next week and the charge- sheet will be placed to the court soon after its approval."
The ACC official said during the inquiry, they had found involvement of more people as assumed earlier. So the number of the accused stood at 30 and the amount of swindled money rose to Tk 40 billion from Tk 32.85 billion.
When contacted, ACC Chairman M Badiuzzaman told the FE that they are optimistic about submission of the charge-sheet to the court shortly.
"We expected that the probe team would complete its task much earlier. However, discovery of new scams widened the investigation and delayed completion of the probe," he said.
The ACC boss said the probe team found it very tough to complete the investigation as the Destiny Group's scams spread through 35 banks.
According to a Bangladesh Bank (BB) report, the Destiny Group laundered around Tk 51.13 billion from 2002 to 2006 through 282 accounts by its three sister concerns Destiny 2000 Limited, Destiny Tree Plantation Limited, and Destiny Multipurpose Cooperative Society Limited (DMCSL). The number of accounts reached 722, finally.
The BB report said that Destiny 2000 started operating bank accounts from 2000, the DMCSL from 2005 and the Destiny Tree Plantation from 2006.
The ACC officials said the Destiny Group men, in connivance with each other, swindled the money by deceiving people in the name of tree plantation programme and cooperative society.
The high officials including its managing director Rafiqul Amin and chairman Mohammad Hossain earlier gave confessional statements to the court about the scam.
A six-member investigative team, led by ACC's deputy director Mozahar Ali Sardar, is conducting the investigation.
On July 31 last year, two cases were filed separately with the Kalabagan police station by ACC deputy director Mozahar Ali Sardar and assistant director Towfiqul Islam under the Money Laundering Prevention Act 2004 and the Money Laundering Prevention Act 2012.
President of Destiny Group Lt Gen (retd) M Harun-Ar-Rashid is now on bail and managing director Mohammad Rafiqul Amin remains in prison in connection with the cases.
The other accused include Farah Deeba, wife of Mohammad Rafiqul Amin, Mohammad Hossain, Md Gofranul Haque, Mohammad Saidur Rahman, Mohammad Mezbah Uddin, Syed Sajjad Hossain, Irfan Ahmed Sani, Jamshed Ara Chowdhury, Sheikh Tayebur Rahman and Nepal Chandra Biswas.
